2016年-世界发展银行全球_Doing_Business_Economy_Profile_2017___Cyprus_111页_1mb

Doing Business 2017: Summary of Cyprus Economy Profile

Core Content Overview

The Doing Business 2017 report by the World Bank Group evaluates the ease of doing business in 190 economies, including Cyprus, by analyzing regulatory environments across 11 key areas in the business life cycle. The report provides rankings and distance to frontier (DTF) scores for these indicators, helping policymakers understand the regulatory landscape and identify reform opportunities.

Main Topics and Indicators

1. Starting a Business

• Rank (DB2017): 53
• Rank (DB2016): 60
• DTF Score (DB2017): 91.21
• DTF Score (DB2016): 89.19
• Procedure (Men): 5
• Time (Men): 6 days
• Cost (Men): 12.2% of income per capita
• Procedure (Women): 5
• Time (Women): 6 days
• Cost (Women): 12.2% of income per capita
• Best Performer (Global): New Zealand (Rank 1, DTF 99.96)

2. Dealing with Construction Permits

• Rank (DB2017): 125
• Rank (DB2016): 122
• DTF Score (DB2017): 64.01
• DTF Score (DB2016): 63.95
• Procedures: 8
• Time: 507 days
• Cost: 1.1% of warehouse value
• Best Performer (Global): New Zealand (DTF 87.40)

3. Getting Electricity

• Rank (DB2017): 63
• Rank (DB2016): 68
• DTF Score (DB2017): 78.33
• DTF Score (DB2016): 75.18
• Procedures: 5
• Time: 137 days
• Cost: 130.4% of income per capita
• Best Performer (Global): Korea, Rep. (DTF 99.88)

4. Registering Property

• Rank (DB2017): 91
• Rank (DB2016): 89
• DTF Score (DB2017): 63.43
• DTF Score (DB2016): 63.39
• Procedures: 7
• Time: 9 days
• Cost: 10.4% of property value
• Best Performer (Global): New Zealand (DTF 94.46)

5. Getting Credit

• Rank (DB2017): 62
• Rank (DB2016): 42
• DTF Score (DB2017): 60.00
• DTF Score (DB2016): 65.00
• Credit Registry Coverage: 0%
• Credit Bureau Coverage: 68.9%
• Best Performer (Global): New Zealand (DTF 100.00)

6. Protecting Minority Investors

• Rank (DB2017): 27
• Rank (DB2016): 25
• DTF Score (DB2017): 66.67
• DTF Score (DB2016): 66.67
• Strength of Minority Investor Protection: 6.7
• Best Performer (Global): New Zealand (DTF 83.33)

7. Paying Taxes

• Rank (DB2017): 34
• Rank (DB2016): 36
• DTF Score (DB2017): 84.45
• DTF Score (DB2016): 83.74
• Number of Payments (per year): 28
• Time (per year): 127 hours
• Total Tax Rate (% of profit): 24.7%
• Postfiling Index: 91.5
• Best Performer (Global): United Arab Emirates (DTF 99.44)

8. Trading Across Borders

• Rank (DB2017): 45
• Rank (DB2016): 45
• DTF Score (DB2017): 88.44
• DTF Score (DB2016): 88.44
• Time to Export (Border Compliance): 18 hours
• Cost to Export (Border Compliance): $300
• Time to Export (Documentary Compliance): 2 hours
• Cost to Export (Documentary Compliance): $50
• Time to Import (Border Compliance): 15 hours
• Cost to Import (Border Compliance): $335
• Time to Import (Documentary Compliance): 2 hours
• Cost to Import (Documentary Compliance): $50
• Best Performer (Global): 10 Economies (DTF 100.00)

9. Enforcing Contracts

• Rank (DB2017): 139
• Rank (DB2016): 139
• DTF Score (DB2017): 48.59
• DTF Score (DB2016): 48.59
• Time (days): 1100
• Cost (% of claim): 16.4%
• Quality of Judicial Processes: 8
• Best Performer (Global): Korea, Rep. (DTF 84.15)

10. Resolving Insolvency

• Rank (DB2017): 16
• Rank (DB2016): 16
• DTF Score (DB2017): 81.38
• DTF Score (DB2016): 80.60
• Recovery Rate (cents on the dollar): 72.8
• Time (years): 1.5
• Cost (% of estate): 14.5%
• Strength of Insolvency Framework: 13.5
• Best Performer (Global): Finland (DTF 93.89)

Key Information

• Region: Europe & Central Asia
• Income Category: High Income
• Population: 1,165,300
• GNI per capita (US$): 25,930
• DB2017 Rank: 45
• DB2016 Rank: 41
• Change in Rank: -4
• DB2017 DTF: 72.65
• DB2016 DTF: 72.48
• Change in DTF: +0.17

Methodology and Notes

• The report covers 10 key business-related regulatory areas and provides DTF scores and rankings for each.
• The labor market regulation indicators are not included in the aggregate ranking but are presented in the economy profile.
• The DTF score indicates the absolute distance from best practice, with 100 representing the frontier.
• The report includes a gender dimension in four indicators: starting a business, registering property, enforcing contracts, and labor market regulation.
• New indicators in 2017 include postfiling processes for paying taxes and a pilot indicator on selling to the government.
• Data collection includes comparisons with comparator economies and provides insights into the regulatory environment's evolution.
• Methodology changes affect comparability of certain indicators across years, particularly those updated in 2014 and 2015.
• Somalia was added to the dataset for the first time in 2017, bringing the total number of economies to 190.

Purpose and Use

• The report aims to provide quantitative indicators on business regulations and property rights protection, enabling cross-country comparisons.
• It helps policymakers understand the regulatory environment and identify effective reforms.
• The distance to frontier score and ease of doing business ranking are key tools for assessing regulatory performance and progress.
• The data is updated as of June 1, 2016, except for paying taxes, which covers January–December 2015.

Conclusion

Cyprus ranks 45th in the 2017 Doing Business report, with a DTF score of 72.65. While it has improved slightly in DTF score, it still faces challenges in areas such as enforcing contracts and resolving insolvency, where it is ranked 139th and 16th respectively. The inclusion of gender-specific data in the report provides a more comprehensive view of how regulations impact different groups. Cyprus also performs relatively well in starting a business, getting electricity, and paying taxes, but has room for improvement in getting credit and trading across borders.